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20130201
20130228
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CNBC 20
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CNBC
Feb 8, 2013 4:00am EST
we got to this day. >> yeah, yeah. >> strong numbers out of china. >> that's right. we saw a big improvement there. but i have to say frankly, most people's attention whether it's here or on the other side of the pond is the snowstorm. it seems like winds, 50 miles per hour. blizzard conditions in the u.s. we know when there's a storm like that headed for the biggest media market frankly in the world, it's probably all you're going to hear about for a while. >> that doesn't mean there aren't other things, too the. >> that's true, in other parts of the world. >> china is ushering in the year of the snake. i'm not sure what that means, but we'll talk about it. should investors brace for a slippery return? i have to say, previous years of the snakes haven't been that great since the big historical events happen. >> maybe we should call it year of the strong. >>> peugeot reveals massive write-downs as reports suggest the company may nationalize. we'll have details live tr paris at 10:10 cet. sxwt latest on the blizzard threatening to bring chaos to the east coast. we'll have the late
CNBC
Feb 25, 2013 4:00am EST
a fourth consecutive month of expansion. china's hsbc flash pmi index for february slipped to 50.4, the lowest reading in four months and down from a two-year high in january of 52.3. no one is hitting the panic button just yet. >> while the flash pmi slipped from a two-year high in yarn, it tells us china's economic recovery is intact. 6.4 is considered that the week long lunar new year holiday fell in february of this year. look back at lunar new year last year and you can see some of the distortion effect it fell in january 2012. what may be worry background this month's flash pmi is the new export orders subindex. it inched down to contraction territory, add to go existing worries about this sector. taken as a whole, the flash pmi number is the earliest indicator of china's health and the hsbc and the official data have been steadily improving. the hsbc category track tess official firms. the official is represented by green line here. now, all eyes are on friday when we will get the final pmi readings. back to you guys. >> all right. that was diedra. joining us for more, dar
CNBC
Feb 1, 2013 4:00am EST
from around the world. spanish bank stocks hit hard. bbv bbva, sees profits plunge. a pair of china manufacturing survey seeking expansion in january. the official pmi has slipped below expectations. >> and is steady as she goes, the u.s. economy is expected to keep up the recent trend of modesty of unspectacular job growth in january. >>> plus, the dutch finance minister warns of a worsening deficit this year, this after the government is forced to bail out local banks after a bailout of 3.7 million euros. >>> we kick off with the pmis out of the eurozone. january manufacturing pmi, 47.9. the flash 47.5, december manufacturing pmi was 46.1. it has boosted the euro to maintain its gaze, now back over to 1.3651 and continuing to climb high. that is now a 32-month high against the yen, as well, at 11.25965. the german manufacturing pmi was a little better, as well, this morning. helping to boost those numbers. we suggest that there's benefits from emerging markets rather than, perhaps, from elsewhere in europe. anyway, coming in better once again for the eurozone. still in contraction
CNBC
Feb 4, 2013 4:00am EST
up on the program, we'll head out to hong kong where china is requiring a reinstruct during of the economy. >>> after that, of course, the super bowl wasn't just one of the on biggest sporting events of the year, it was one of the biggest days of the year for madison avenue. we'll take a look at which ads were touchdowns and were ads were fumbles. >> mariana rajoy meets angela merkel. >>> plus, upcoming elections that sylvia berlusconi has called his last great electoral and political battle. >>> the power to split up uk banks if they fail to -- activity. george osborne is expected to give the bank of england the responsibility to make sure banks are involved in these activities. you have to love the extended analogy. watch the george osborne speech live here at 10:30 local for those of you here with us in the uk. in the meantime, there are more charges at the top over at barclay's. last night, the bank's financial chief and financial chief announced their leaving. tomorrow, barclay's ceo anthony jenkins will face questions in parliament over banking standards and next week
CNBC
Feb 20, 2013 4:00am EST
to step aside. >>> the rush to set up shop in china is down. the fastest decline in more than three years in january. >>> okay. lots happening on the program today including a grew interviewer coming up. we'll be counting down to the bank of england minutes after andrew bailey is to lead the new banking regulation unit. the minutes will be out in a half-hour's time. we'll bring those and u.k. unemployment figures. >>> the central bank watch extends overseas as investors stand by for minutes from the federal reserve's latest meeting. they're due out later this afternoon in the u.s. will the fomc offer clues on an end to qe3? we're joined at 11:30 to weigh in. >>> with india's government clouded in corruption allegations, we'll speak to one of the country's wealthiest individuals and what it means for business. billionaire udai kotak joins us in 20 minutes' time. >>> plenty coming up including sony which is heading to the bill apple for a major on, national endowment. will the game console giant take the wraps off its rumored playstation? expert analysis at 11:20 cet. >>> and bhb bulletin h
CNBC
Feb 14, 2013 4:00am EST
on bringing top investors with us. we brought china investment corporation to invest in several transactions. last year 1.5 billion came from investors. so our approach is invest a little bit of money, but have investors since the walls come and invest in russia so it's all about increasing the partnership of foreign investors and of private investors in the foreign economy. >> we had the ipo going on at the moment, as well. you are a stakeholder in that, as well. can you tell us what the intentions are regarding that ipo? >> well, we're big deliverers in my business. we're a shareholder. we would like to increase our stake in the business and we would like to continue bringing investors with us. we already brought quite a few investors into the company. the ipo will be happening tonight. we have big delivery of the business because it's a monopoly stock exchange in russia. president putin mentioned that most of the exchange will happen with the schangz. >> and so you can't tell us exactly what you're doing until we find out tomorrow, but there is a good chance you want to increase your expo
CNBC
Feb 18, 2013 4:00am EST
taster. in china, it's the first trading day market in the new year of the snake. so will it be new year old problems? up next from hong kong, we'll have the latest analysis. >> did you just slither? also, the final week of campaigning in italy ahead of the general elections. we will be live in milan throughout the morning for a roundup of the candidates policies and pit falls. julia will join us for that. >>> and hear state from the finance ministers. we have a roundup of the g-20 meeting in moscow. >> and london fashion week is under way and international expansion seems to be the latest trend. we'll hear from top designers who are putting their foot forward on the global runway. >>> first, standard & poors says it wants more time to gauge shinzo abe's rating policies. s&p says recent policies could reflat japan's economy. but the government's books will continue to be weighed down by heavy debt. that's even if plans go ahead to raise a sales tax. there's a one in three chance of a downgrade this fiscal year. this is as the japanese prime minister shinzo abe says he will consider chang
CNBC
Feb 22, 2013 4:00am EST
monetary condition in china. in japan, the nikkei recouped early losses to finish higher by 0.7% while investors watch if the u.s. backs aggressive economic recovery plans. .some european sensitive stocks were weaker over concerns about the u.s. economy and data but heavy with stocks. south korea's kospi managed to finish largely in the green. australia's asx 200 finished about 0.75% in the green. india's sensex now trading higher by 0.3%. back to you. >> sixuan, thank you very much. a lot of key levels on global markets this week. still to come on the program, we'll be live on the ground. here are some highlights of what we've heard from the candidates so far. >> i've never spent that much on something for any girlfriend. an incredible sum. it's the most interesting i could do. we've announced the wish to make a gesture from the state aimed at renewing our closest and peaceful relationship with the people. >> translator: we'll put italy first. we need to pull out of this. we don't want to have enemies. we want to use our ideas to call italy out of this situation. and i also want to sp
CNBC
Feb 5, 2013 4:00am EST
announcer ] hold packages at any fedex office location. >>> over the weekend, china's service sector gauged up slightly for january, as well, which is adding to evidence of some economic rebound. let's check in with markets across asia. li sixuan joins us from singapore. >> thank you, kelly. as you just mentioned, those eurozone fears and a negative handover from wall street were somewhat offset by upbeat data from china. the latest pmi data confirmed more signs of china's recovery. the shanghai composite reversed early losses to end marginally higher today. developers left the game. railway stocks soared to 8% to 10% growth in light of people traveling during this week's holiday rush. meanwhile, the hang seng had its worst day in almost three months. shares tumbled 6.4% today after a $3 billion new share placement added 9.5% discount from montd's closing price. in japan, the nikkei pulled back from its 33-month high, ending down by nearly 2%. shares slipped of 6% after its outlook by 16%. retailing lost over 3%. this comes after its unit close in domestic same store sales last month. elsew
CNBC
Feb 15, 2013 4:00am EST
that is a major game changer. the third major trend is china, the china story is getting bigger and bigger and bigger. not only that, the money is coming out of china rather than investing in u.s. treasury, it's chasing for the acquisitions of sf and equity stakes and various companies to earn higher returns and also gain larger market share. now, the fourth trend, of course, is the huge asian plus china kind of trade block. it's one of the largest in the world by population size. but it's also growing much faster compared with other markets. so all these four different trends trarns late for positive earning he in the region. >> where are the map opportunities, then, if you're looking from an investment angle? where would you see the sectors you get most of this transaction? >> right. right. so you would look at the region. what's happening is the rise of the middle class. in china, of course, at the country is changing from an export dependent economy to an economy of more balance towards internal consumption, i.e., underpinned by the rising middle class. and the same story you were sayi
CNBC
Feb 11, 2013 4:00am EST
in beijing was muted given the record levels of air pollution. >> you decided to go to china town this weekend? >> we thought we would try. lunar new year is probably not the best day of the year to casually swing by and hope for a spot. >> no. >>> meanwhile, hundreds of thousands of resolvers took to the streets to enjoy parties and parades. rio's carnival alone sets to generate more than $650 million for the local economy, as well as celebrations in 2013 as well as a test of brazil's infrastructure ahead of the world cup next year and the olympic games in 2016. joining us for more is mya bandari. huge infrastructure problem, actually, for brazil with those events. are they meeting that challenge? >> well, i think the key point really to make about things like olympics and the world cup is that they tend to have fairly standard effects, if you like, on the economy. we saw that with the uk, we saw that with china. you have really a temporary fiscal boost in the two quarters in the run up to the event. then what happens in the actual quarter is a little bit dubious. it depends on,
CNBC
Feb 6, 2013 4:00am EST
demand thanks to shipments in china after a dismal year for the industry. >>> disney could be the happiest place on earth today. the media giant reports better than expected earnings, sees even brighter days ahead. >>> new imminent privatization for ubs. the business secretary plays down talk of a government plan to sell shares in the state-owned banks. this as rbc confirms it's liable to face libor penalties. >>> all right. let's bring you up to speed at the top of the program. we start with global equities and european equities in particular, weighted to the upside. 8-1. advancers outpaced decliners at the moment. footse 100, gauges today, this is where we stand. up .5%, xetera dax up a quarter. the ibex up .4, trying to receiver from the losses on monday -- recover from the losses on monday. the cac cac up .25. shares jumping after a strong earnings report. the danish wind turbine maker announcing better than expected rise in fourth quarter profit and revenue. stock up 7%. they expect a pickup and more demand this year. this after the net loss widened to $4 billion in th
CNBC
Feb 27, 2013 4:00am EST
. china's securities regulator issued a draft to allow more brokerages to expand asset-backed securities businesses. also, there are reports that beijing will soon allow resident in hong kong and taiwan to invest in the mainland's a shares, boosting market liquidity. meanwhile, shares in hong kong bounced off its two-month low, up .25%. aia shares added over 4% after posting an 89% jump in 2012 profit. the property counter also lent support while hong kong's government pledged more public housing and lends supply to home affordability. another lackluster session in japan after yesterday's over 2% tumble. the nikkei lost 1.3%. financials led the renewals on losses and worries. a stronger yen sent exporter stocks lower. cannon slipped nearly 3% despite the camera maker forecasting that 7% to 8% growth for 2013 sales. elsewhere, the kospi ended marginally in the green, up .2%. south korean automakers drove higher thanks to the yen's regained strength. hyundai added .7%. while the company agreed to set fuel economy cases in the u.s., although the amount is not disclosed. meanwhile, australia
CNBC
Feb 12, 2013 4:00am EST
that we have on this development is that we have china's reaction to north korea's nuclear tests, as well. china's foreign ministry statement goes that it is china's firm stance to realize nonnuclearization for the korean peninsula and prevent a nuclear proliferation and maintain peace and stability in northeast asia. remember, china is north korea's probably one and only ally and that it's been pretty patient with its bad behavior and this nuclear test could complicate things a bit, given that the chinese support was to maintain the status quo in the region. guys, back to you. >> chery, thanks very much. we should note the international response has been swift. you saw president obama calling for swift reaction. india saying reports of the nuclear test are a matter of deep concern according to a foreign ministry statement. >>> moving down to conco which has expressed solidarity with its ceo who has just been arrested for alleged bribes. shares have just resumed trade in malan. now, ross, they're down something less than 9%. we did see closer to a 15% decline earlier. over to you. >> than
CNBC
Feb 7, 2013 4:00am EST
saw in china sales rebounding last month, over 2% following a big drop in december. you're also joining baic motors in a joint venture there. how do you see the china sales progressing? and what percentage of your sales will now be in mainland china? >> well, we expect china to become our biggest market. last year, this was the united states. in china, we after a slowdown of our growth last year have made some decisions, including a board member for china, a new sales structure and recently the intended investment into bike. with these changes and, of course, lastly driven by our great product, we expect to regain momentum throughout this year. >> what happened in china? were you not -- should you not have been more aggressive going into that market which is clearly the growth opportunity here and where are you lagging rivals? >> well, first of all, we came many years later than our direct competitors. for about 60 years, we had a great catch up. we grew faster than our direct competitors. in 2011, we were almost at the level of one of the two competitors. 12 we lost momentum. t
CNBC
Feb 19, 2013 4:00am EST
.s. dollar. heavyweight banuc weighed on the market after a sharp drop in machine orders to china. fanuc showed positive results. financials continued to lose ground after the pboc drained liquidity from the markets for the first time in more than seven months. property measures tumbled some 4.8% on fears of more cooling measures. it's home prices continue to grow. meanwhile, hong kong and developers with significant mainland portfolio came under pressure weighing on the hang seng index which lost about 1% today. elsewhere, south korea's kospi ended higher by 0.2%. automakers staged a strong rebound while investors watch the yen and its impact on korean exporters. in australia, the central bank left the door open for more interest rate cuts. positive earnings news continued to lift sendment. india's sensex in action trading higher by 0.1%. back to you, ross. >> thanks for that. see you a little later, sixuan. >>> coming up on the program, htc is launching its news mobile divide in new york and london today. we will, in fact, chat with the ceo later. we will find out exactly what this pho
CNBC
Feb 21, 2013 4:00am EST
. well, i think that the very fortunately the bilateral relationship between japan and china has been improving after the september last year despite lots of noise we have heard recently. so the -- i think over time japan is going to have fda with china or korea and also with the other asian countries and then mutually try to benefit from the liberalization of trade. so i'm really optimistic on the future prospect of japan's trade. >> that would be a step in the right direction. thank you very much for your time today. >>> egypt's economic landscape has been clouded with political instability, but the chairman of citadel capital says the muslim brotherhood is clearly pro market. he told cnbc in an exclusive interview on access middle east that the country's leadership needs time to find its way, that he's confident on political stability going forward. usef has more from dubai. some interesting comments here. >> absolutely, kelly. aman who i spoke to who heads citadel capital, they manage monies in places like southern sudan, kenya, and he's bullish about not just egypt in the long te
CNBC
Feb 26, 2013 4:00am EST
. >>> and banks may soon be able to tap china's lucrative domestic fund market. a dow jones store says china's regulator will be bringing out new rails next month to chinese based fund products. standard chattered and uob have priced in to do so. no foreign lenders have qualified in the past since standards were set extremely high. >>> and a reminder of what's on the agenda tomorrow, it's government day in hong kong. and set out measures to tackle the wealth gap. the territory's fourth quarter gdp will be released and we've got key earnings out of hong kong which include ia insurance, and retailer spree. we've got january sales figures out of japan at 1250 cet. >>> still to come on the show, after moody's recent credit rating downgrades, how can britain get back to work? we'll have a view when we come back. >>> moody's cited lack of growth as the main factor in stripping its aaa rating and growth was very much on the agenda at the launch of the uk's biggest trade promotion since 1951. >> the international business festival in 2014 will be a key part of the government's drive to promote growt
CNBC
Feb 13, 2013 4:00am EST
. >>> we'll find out when china becomes investable from the top experts in chinese financial markets in 20 minutes' time. >>> we'll speak to the founder of the cambridge satchel as the british bag company opens a new store in central london at 10:45 cet. >>> the secretary of general of the international chamber of commerce in paris. a first on cnbc at clesk cet, 10:00 london time. >>> then a call on comcast shares after the now 100% owner of this company, they've announced they're buying the rest of nbcuniversal in a $16 billion deal. and i still want to say, i feel very comfortable about this. i feel very -- i'm sure you feel happy. good for everybody. >> they like us. >> g.e. stock was up -- >> i didn't like that g.e. stock was up, then i saw the reaction of comcast, all right, they're up, too. >> you, me, fantastic. we're very happy, brian. >> have to say that -- are you pained to say that i should say? >> i don't know. i'm paid, though. don't know if i'm paid to say that, but i am paid. right. have i done enough on that now? >> yes. >>> societe generale swung to a loss on the back of e
CNBC
Feb 28, 2013 4:00am EST
be facing an innovation crisis, much more profund than simply needing a new device. >>> apparently china is partly to blame. find out why at cnbc.com. 75, ross? >> why stop there? right? i mean, keep going is what i say. the wait is over for one of india's more highly anticipated budgets. we'll be going over to mumbai right after this. >>> with the threat of a credit downgrade hanging over him, india's finance minister has pulled the wraps off a new budget saying changes have to be made. he ames to trim the deficit and raise tax on top income earners and having profits on large companies. but the budget boosts spending by 16% in a bid to boost growth. rindell has more from us live from mumbai. hi, rema. >> hi. thanks so much for that. largely, the union budget this time around has turned out to be a nonevent. in context to global markets, for this time around, the budget is not in -- including any big reformist ideas. why would their expectations that there could be? it's presented by what was called the dream budget. expectations were running high and markets were betting on the man to
Search Results 0 to 19 of about 20